Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

Regal Consulting Corp.

Convenience Store In Essex County For Sale

Essex County, New Jersey
Asking Price:
$250,000 (USD) Furniture / Fixtures included
Sales Revenue:
$225,000 (USD)
Cash Flow:
$72,000 (USD)

Independent gas station, absentee owner, with available Convenience Store in a wonderful, active area of Northern New Jersey, Essex County. The station has no fuel contract which allows the new operator to obtain a long relationship with a secured income from a national fuel supplier. This fuel station is clean, modern and has been fully upgraded with newer underground tanks and lines within the past few years. The business produces a gross income of $225,000 based on fuel sales, projected C-Store, money grams and outside sales. Additionally, the business can offer pre-owned auto sales which can further increase the bottom-line income. The sale opportunity has been priced at fair market value and is an excellent opportunity. The station has two MPD’s, and two eight thousand gallons fiberglass double wall fuel tanks. This company routinely has two hourly employees who are unaware of the pending sale, fully expected to remain post-closing, and the monthly payroll expense is approximately $3,500. The business is operational six days weekly, closed Sunday, with hours from 8:00 am to 8:00 pm. This business opportunity has been valued / priced at $250,000 based on a multiple of the net yearly income which includes the value of the specific business assets. Also, seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. Based on the asking price, required down payment and net income this business should supply a solid dependable return on investment to the owner operator prior to debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Property Information

Real Estate:

Lease

Location:

The facility consists of a 1,000 square foot office made up of a modern convenience store, and a private entrance. The building and facility have been fully upgraded over the past two years with a clean modern appearance. This business is located on an active county road in Essex County, New Jersey. The station is conveniently located off the garden state parkway and close to all major highways.

Business Operation

Expansion Potential:

Presently the business C Store is not functioning and with additional services such as Lotto approval with an ATM service can further develop the business yearly gross sales.

Competition / Market:

It is our understanding, due to the environmental requirements no other fuel stations are permitted in the area. Regarding competition, to the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.

Reasons for selling:

The purpose of the sale is due to owner’s relocation out of the area.

Employees:
2

Other Information

Support & training:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller will supply additional training at a fair cost to the purchaser.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing is available to qualified buyers.

Furniture / Fixtures value:
$150,000 (USD) - included in the asking price

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Regal Consulting Corp.. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here